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Which statement is false? a. You must have a CGT event for CGT to apply. b. CGT events D 1 is a provision of last

Which statement is false?

a.

You must have a CGT event for CGT to apply.

b.

CGT events D 1 is a provision of last resort.

c.

Australian residents are generally subject to CGT on worldwide assets whilst non-residents only pay CGT on certain Australian connected assets.

d.

Net capital gains are included as assessable income and net capital losses are used to offset other t

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